My 2cents… Yoriz is absolutely correct… there is no “edge” to this method once the trade goes into “recovery mode” and you start to average down to mitigate the losing trade. That isn’t an edge. Averaging down is hoping and praying that the market ...

DOSI: Daily Open Strategy Improved

All, I've attached the "Trade Inquirey Form" that the Oanda Representative sent to me. Best, Dave

OANDA Discussion

I just talked to an Oanda representative (was on-hold for nearly 30 minutes)... the servers are currently down... not sure when the Tech folks will get the systems up and running... Oanda will honor stoplosses/Take profits, but you may need to file ...

OANDA Discussion

Yeah, I can't log in to either the Fx mobile app or the desktop app.

OANDA Discussion

Rick, I mean no disrespect, but are you so sure that your group nudged AUDNZD higher? There's not a direct currency for AUDNZD; AUDNZD is a derivative of AUDUSD & NZDUSD, therefore the movement of AUDNZD is not independent but due to buying/selling ...

The brutal truth of day trading

Hi simnz, Sure! I'm always open to new ideas! Unfortunately your pic didn't attach to your response. Best, Dave

Volatility-based Trend Trading

Good thread, just started reading. I hope to contribute some ideas, although the thread has become quiet. Best, Dave

Basket Knights - A Basket Trading Round Table

@joy, Hi joy, I must be dense, but I just don't get how this can be profitable when ONE losing trade, after a winning streak, takes out the entire profit gained during the winning streak? So what I don't understand is the positive stair-step results ...

reverse martingale (Anti Martingale) EA

@vortexpme "TP: 20 pipp SL: 18 Pipp (because of 2 pipp spread) initial lot size: 0.01 reverse martingale multiplier: 2.0 (if it was a win multiply the lot size by 2 of the trade before) spread filter: 2 pipps max random entry direction thats all... ...

reverse martingale (Anti Martingale) EA

"Confirmation" is not the issue.. it's the willingness to open a trade without it. This method is classic hands-on counter trend PA trading, and as such, you're always risking that price will just continue in the direction of the trend. The setup is ...

Trading is as simple as 1-2-3

IF anyone had a win rate of 50% with a 1:2 risk:reward, then a $1000 account could be compounded to the following values within a 1000 trades (assuming Fixed Fractional risk of 1% per trade): $299,549 $161,792 $265,991 $293,675 $233,691 $245,514 ...

A martingale system that works? Micro-Lot + Split Balance + 1:2

Hey Relyt, Any updates? How's the trading going? Dave

No Targets

Hey Scoob, What's the definition of the daily breakout and what signal are you referring to? Buy/Sell if price breaches the previous high/low by "x" number of pips? Best, Dave

Daily Breakout Centipede System

Right. Thanks for your input Erebus... but let me tell you a secret, and without getting into a pissing match, ... I probably use the internet much more than you think...there have been several BO strategies described on FF over the years, and on ...

Trade Outside the Box (TOTB)

Right. Wasn't asking about the inclusion of more indicators - I personally don't trade with indicators - but rather have you compared this 4-hr block with any other 4-hr block within the trading day to really determine the importance of this ...

Trade Outside the Box (TOTB)

Hi Emma, What's the rationale for the selected breakout of the high/low of the 2 hours before/after the London open? Are the results statistically better when compared to a breakout of the High/Low of ANY 4-hour period? Best, Dave

Trade Outside the Box (TOTB)

No big deal. Just stagger each trade size by 1 unit.. this will also get around the FIFO rule for US customers. Best, Dave

OANDA Discussion